(Total Views: 445)
Posted On: 04/15/2020 11:04:28 AM
Post# of 157283
NP is definitely doing his part. He knows first-hand how many warrant holders are exercising and he knows most intend to liquidate. He does not want SP to take a big hit due to it.
And since the catalyst is due to COVID-19, it makes sense to use positive updates around lero and COVID-19 to absorb those warrant-shares.
He's also fighting against the dynamic of the market when short sellers see a huge run-up in SP. They pile on expecting/forcing the SP down.
And since the catalyst is due to COVID-19, it makes sense to use positive updates around lero and COVID-19 to absorb those warrant-shares.
He's also fighting against the dynamic of the market when short sellers see a huge run-up in SP. They pile on expecting/forcing the SP down.

